We're flatlining again | Bitcointalksearch.org

molecular

donator

Activity: 2772

Merit: 1019

Quote from: Dan The Man on October 28, 2011, 04:47:12 PM

What's the deal with that? For the second time in a week, the price hits a perfectly dead flat plateau. I looked through the history and couldn't find other times where it was similarly consistent for that length of time.

My guess is: since the advent of the "liquidity provision bot" (https://bitcointalksearch.org/topic/m.594071), day trading has become a lot more unattractive, because low volume does not move the market that much any more. Therefor everyhing is slower and, as we can see, at time, no trades happen for quite long periods.

Sannyasi

sr. member

Activity: 454

Merit: 250

Quote from: Coinabul on October 28, 2011, 04:52:27 PM

*Rubs his defibrillator pads together.*
CLEAR
*jumpstarts the bitcoin price again*

*hands the doc the adrenaline shot*

Hope you get er live again.....

anu

legendary

Activity: 1218

Merit: 1001

RepuX - Enterprise Blockchain Protocol

Quote from: Dan The Man on October 28, 2011, 04:47:12 PM

What's the deal with that? For the second time in a week, the price hits a perfectly dead flat plateau. I looked through the history and couldn't find other times where it was similarly consistent for that length of time.

Oh Oh! So tomorrow someone will be cashing out again, pushing the price to 2.53. Then it'll climb again to 3.10 and then flatline again.... It's groundhog day.

Coinabul

hero member

Activity: 588

Merit: 500

Coinabul - Gold Unbarred

*Rubs his defibrillator pads together.*
CLEAR
*jumpstarts the bitcoin price again*

Dan The Man

hero member

Activity: 672

Merit: 500

What's the deal with that? For the second time in a week, the price hits a perfectly dead flat plateau. I looked through the history and couldn't find other times where it was similarly consistent for that length of time.

Topic: We're flatlining again (Read 878 times)